SoftBank Leads Mammoth Strategic Investment in Dome9 Security

Dome9 Security, a leader in cloud infrastructure security, just announced the close of $16.5 million in Series C funding, led by a new investor, SoftBank Corp., a subsidiary of SoftBank Group Corp. According to details shared in Wednesday’s formal announcement, existing investors also participated in...

Dome9 Security, a leader in cloud infrastructure security, just announced the close of $16.5 million in Series C funding, led by a new investor, SoftBank Corp., a subsidiary of SoftBank Group Corp.

According to details shared in Wednesday’s formal announcement, existing investors also participated in this round, bringing the total funding in Dome9 to $29 million.

Per the terms of the agreement, SoftBank will be the leading distributor of the Dome9 Arc cloud infrastructure security platform in the Japanese market, enabling organizations running workloads in cloud environments to efficiently manage security, compliance and governance.

“As enterprise adoption of the cloud continues to accelerate, there is a growing need for cloud-native solutions that simplify security operations and compliance. Dome9’s strong traction in the enterprise market attests to the value the technology delivers, and led to our decision to invest. Dome9 gives enterprise customers the confidence that their workloads are secure in the cloud. I’m confident that together SoftBank and Dome9 will help Japanese organizations maximize the benefit they get from migrating to the cloud,” said Masayuki Motoshima, Director of Cyber Security Business Development at SoftBank Corp.